Universal bank: Difference between revisions
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imported>Doug Williamson (Create the page. Source: The Treasurer, March 2017, p32.) |
imported>Doug Williamson (Add quote from The Treasurer March 2017, p32.) |
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A universal bank is one that undertakes a wide range of activities and services, generally covering both commercial banking and investment banking. | A universal bank is one that undertakes a wide range of activities and services, generally covering both commercial banking and investment banking. | ||
<span style="color:#4B0082">'''''The end of universal banking'''''</span> | |||
:"It now seems that the threat to universal banking has become official, after Bank of England governor Mark Carney warned in late January that, in time, fintech could 'signal the end of universal banking as we know it.'" | |||
:''The Treasurer magazine, March 2017, p32 - Nick Hood, business risk analyst, Opus Business Services Group.'' | |||
==See also== | ==See also== | ||
* [[Bank]] | * [[Bank]] | ||
* [[Bank of England]] | |||
* [[Commercial bank]] | * [[Commercial bank]] | ||
* [[Fintech]] | |||
* [[Investment bank]] | * [[Investment bank]] | ||
Revision as of 16:50, 13 March 2017
A universal bank is one that undertakes a wide range of activities and services, generally covering both commercial banking and investment banking.
The end of universal banking
- "It now seems that the threat to universal banking has become official, after Bank of England governor Mark Carney warned in late January that, in time, fintech could 'signal the end of universal banking as we know it.'"
- The Treasurer magazine, March 2017, p32 - Nick Hood, business risk analyst, Opus Business Services Group.
